Is Kitex Garments Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Kitex Garments Ltd (KITEX.NS) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Kitex Garments Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Kitex Garments Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Kitex Garments Ltd?

Muslim investors may consider investing in Kitex Garments Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Kitex Garments Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Kitex Garments Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Kitex Garments Ltd updated?

The Shariah compliance status of Kitex Garments Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Kitex Garments Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Kitex Garments Ltd?

You can check the latest Shariah compliance status of Kitex Garments Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

KITEX.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 05, 2026

Report Source: 2026 3rd Quarter Report

Kitex Garments Ltd. Stock Analysis KITEX.NS

India Consumer Discretionary Small Cap Report: Q3, 2026

Kitex Garments Ltd. engages in the manufacturing and export of cotton and organic cotton garments. The company is headquartered in Ernakulam, Kerala and currently employs 5,258 full-time employees. The firm is engaged in the manufacturing of cotton and organic cotton ready-to-wear garments for infants and children in the age group of 0-24 months. The firm caters to various conglomerates in the United States of America and European markets, such as Gerber Childrenswear LLC, Carters, Carters brands, H & O Fashions, Buy-Buy Baby, Ross Stores, Amazon, Target, Sam’s Club and Walmart. The company has a licensee for Lamaze Organic brand of Childrenswear in the United States of America and has also registered its own brand, Little Star in the United States of America. Its subsidiaries include Kitex Littlewear Limited, Kitex Babywear Limited, Kitex Kidswear Limited, Kitex Knits Limited, Kitex Packs Limited, Kitex Socks Limited, and Kitex Apparel Parks Limited.

Key Statistics of Kitex Garments Ltd (KITEX.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹156.43₹160.38

Today's Open

₹159.15

Volume

323.16K

P/E Ratio (TTM)

22.86

52 Week Range

₹138.20₹324.42

Market Cap

33.46B

Avg. Volume

665.81K

Dividend Yield

0.32%

Financial Metrics & Statements of Kitex Garments Ltd (KITEX.NS)

FAQ's for Kitex Garments Ltd (KITEX.NS)

According to Musaffa’s Shariah screening methodology, Kitex Garments Ltd (KITEX.NS) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.